For Immediate Release

Chicago, IL – June 15, 2012 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include Cypress Semiconductor Corporation ( CY - Analyst Report ) , Ramtron International Corp. ( ) , Texas Instruments Inc. ( TXN - Analyst Report ) , Atmel Corporation ( ATML - Analyst Report ) and Synaptics ( SYNA - Snapshot Report ) .

Get the most recent insight from Zacks Equity Research with the free Profit from the Pros newsletter: http://at.zacks.com/?id=5513

Here are highlights from Thursday’s Analyst Blog:

Cypress Proposes to Buy Ramtron

Cypress Semiconductor Corporation ( CY - Analyst Report ) has proposed to buy all of Ramtron International Corp.'s ( ) outstanding stock for $2.48 per share in cash, a 37% premium to Ramtron's closing price of $1.81 on June 11.

Ramtron International is a fabless semiconductor company with about 35.0 million shares outstanding. This would represent a purchase price of about $86.8 million. Ramtron supplies ferroelectric random access memories and has Texas Instruments Inc. ( TXN - Analyst Report ) and Toshiba Corp. as manufacturing partners. In the first quarter of 2012, Ramtron reported revenue of $15.0 million with a net profit of $445,000.

This is Cypress’ second attempt to take over its peer Ramtron International. In March 2011, Cypress tried to acquire Ramtron, but its offer of $3.01 per share was rejected . Ramtron stock has fallen 41% over the past 12 months. Though the new formal offer is lower than the one Cypress made last year, the percentage premium of 37% remains the same as offered earlier. Soon thereafter, Ramtron sold almost 20% of its stock in a dilutive public offering at a net price of $1.79 per share.

Cypress has retained Greenhill & Co. as its financial adviser and Wilson Sonsini Goodrich & Rosati Professional Corp. as its legal counsel. It has requested Ramtron to respond to its latest offer by June 19.

We believe the deal could make sense for Cypress for a number of reasons. First, Ramtron is a fabless company and would FIT very well into Cypress’ low capex manufacturing strategy. Being a fables company, Ramtron has the flexibility to move the manufacturing, assembly and testing of products to vendors that offer superior technology and services at competitive prices. It also frees up resources for R&D activity that would otherwise have been locked up in capital assets.

Second, Ramtron’s ferroelectric-RAM (F-RAM) would supplement Cypress’ Memory Products Division, which includes Asynchronous SRAMs, Synchronous SRAMs and nvSRAMs, and provide a longer-term roadmap for its non-volatile memory market. The Memory Products Division segment generated 44% of revenue in the first quarter and was down 9.1% sequentially due to inventory adjustments and lower demand from major SRAM wireless customers.

The impact of the deal on Cypress’ financials is unknown but will definitely bring synergies on the sales side.

Cypress is a semiconductor company offering high-performance, mixed signal, programmable solutions. Though the broader semiconductor industry was hit late last year by a slowdown in demand, Cypress had reported double-digit percentage sales growth bolstered by strong demand for its touchscreen controllers used in smartphones and tablet computers. Touch sales disappointed in the last quarter however, resulting in a quarterly loss of 5 cents per share. Management expects a rebound in the current quarter.

Cypress operates in a highly competitive market. In the touch-screen market, the company competes with Atmel Corporation ( ATML - Analyst Report ) and Synaptics ( SYNA - Snapshot Report ) .

Currently, Cypress has a Zacks #3 Rank, implying a short-term Hold recommendation.

Want more from Zacks Equity Research? Subscribe to the free Profit from the Pros newsletter: http://at.zacks.com/?id=5515.

About Zacks Equity Research

Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term.

Continuous coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons.

Zacks "Profit from the Pros" e-mail newsletter provides highlights of the latest analysis from Zacks Equity Research. Subscribe to this free newsletter today: http://at.zacks.com/?id=5517

About Zacks

Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978 by Leon Zacks. As a PhD from MIT Len knew he could find patterns in stock market data that would lead to superior investment results. Amongst his many accomplishments was the formation of his proprietary stock picking system; the Zacks Rank, which continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Register for your free subscription to Profit from the Pros at http://at.zacks.com/?id=5518.

Visit http://www.zacks.com/performance for information about the performance numbers displayed in this press release.

Follow us on Twitter: http://twitter.com/zacksresearch

Join us on Facebook: http://www.facebook.com/home.php#/pages/Zacks-Investment-Research/57553657748?ref=ts

Disclaimer: Past performance does not guarantee future results. Investors should always research companies and securities before making any investments. Nothing herein should be construed as an offer or solicitation to buy or sell any security.

Media Contact
Zacks Investment Research

800-767-3771 ext. 9339

support@zacks.com

http://www.zacks.com